Equity benchmarks snap losing streak on Treasury buyback news

U.S. equities snapped a three‑day losing streak as easing long‑bond yields and stronger retail earnings lifted sentiment. The Treasury’s decision to double long‑duration buybacks drove the 30‑year yield sharply lower after touching a 19‑year high, helping risk appetite stabilize. A softer dollar pushed the DXY to a three‑month low, while Brent crude rose toward $92 amid stalled U.S. & Iran talks and restricted Hormuz traffic.

In India, the rupee weakened to 95.75, while Nifty—having corrected ~750 points retraced 61.8% of its July – August rally. Strong support sits near 24,000; resistance at 24,300 must break to signal stabilisation.